The concept of maximizing shareholder value being the only true purpose of a company, taken at its literal sense, is an idea that's rotten to the core. This typ

The concept of maximizing shareholder value being the only true purpose of a company, taken at its literal sense, is an idea that's rotten to the core. This type of thinking is a natural consequence of the selfish individuals that to some degree all of us are. Taking human natural flaws into account, it is simply irresponsible to adopt such a philosophy. It will be exploited. This type of company suffers from an inherent vulnerability. At some point, true motives, such as provision of quality services and goods, could be distorted and even replaced by fallacious motives. As is seen in the world today.